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Bill: Income tax proposal of November 4268
Details
Submitted by[?]: National Party Of Beluzia
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: October 4269
Description[?]:
The National Party Of Beluzia propose to adjust the government's income tax policy to better address the economic situation of the Republic of Beluzia. |
Proposals
Article 1
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
Bracket | Tax | Estimated Revenue |
> 7,500 BEL | 15% | 24,919,000,000 BEL |
> 10,500 BEL | 40% | 191,208,000,000 BEL |
> 25,000 BEL | 45% | 27,574,000,000 BEL |
> 30,000 BEL | 55% | 35,270,000,000 BEL |
> 40,000 BEL | 60% | 17,989,000,000 BEL |
> 50,000 BEL | 65% | 7,678,000,000 BEL | Total | 304,638,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
Date | 22:13:25, September 07, 2017 CET | From | National Party Of Beluzia | To | Debating the Income tax proposal of November 4268 |
Message | Fellows i have proposed a taxation bill in which i have lower down some taxes because citizens were paying extremely high taxes so i have tried to balance taxes for the citizens those who earns <10,500 will pay 40% and those who earns 25,000 will pay 45% |
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Voting
Vote | Seats | |||
yes |
Total Seats: 354 | |||
no | Total Seats: 396 | |||
abstain | Total Seats: 0 |
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